Homes for Sale Under 200K in Mobile, AL

258 Homes for Sale

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Mobile, AL Housing Market Overview

Mobile is a balanced market, giving buyers and sellers room to negotiate. With 3.5 months of supply and homes averaging 52 days on the market, you can make decisions without the pressure of a highly competitive market.

Status

Balanced Market

Days on Market

52

Inventory

690

Sep 2021Mar 2024Mar 2026

Median Home Price

$233,250Up 0.11%

In Mar 2026 · YoY

Sep 2021Mar 2024Mar 2026

Mortgage Rates 30-Yr Fixed

6.23%Down 0.58%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
690 Up 0.05%
Newly Listed Homes
317 Up 0.34%
Months of Supply
3.5 Down 0.20%

Housing Demand

Homes Sold
196 Down 0.00%
Sale-to-List Ratio
97.3% Up 1.36%
Homes Sold Above List
21.9% Up 3.50%

30-yr fixed rate 6.23% · Data as of Mar 2026 · Source: Houzeo Research.

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  • mls-img
    Based on information from the Montgomery Area Association of REALTORS® through Oct 10, 2026, 10:15 PM. Information is deemed reliable, but not guaranteed. The information being provided is for consumers' personal, non-commercial use and will not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Copyright 2026 Multiple Listing Service of the Montgomery Area Association of REALTORS®. All Rights Reserved.
  • mls-img
    Based on information from the Baldwin County Association of REALTORS® through Oct 10, 2026, 10:15 PM. Information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing and that the data is deemed reliable but is not guaranteed accurate by the MLS. Some listings have been excluded from this website.This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 Baldwin County Board of REALTORS® Multiple Listing Service. All Rights Reserved.
  • mls-img
    Based on information from the Greater Alabama MLS through Oct 10, 2026, 10:15 PM. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 Greater Alabama MLS, Inc. All rights reserved.
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Mobile, AL Housing Marketlink qauare
Homes Available icon

258

Homes Available

Median List Price icon

$ 233,250

Median List Price

Avg on Market icon

52 Days

Avg on Market

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